Can Bitcoin reach $140,000 soon, according to new research?

Yes, fresh research from Copper suggests Bitcoin could reach $140,000 within the next six months, driven by new market dynamics post-ETF launch.

How have U.S. spot Bitcoin ETFs changed Bitcoin's market behavior?

The ETFs have introduced institutional cost basis levels as a primary driver, replacing the traditional four-year cycle theory and leading to faster, repeatable patterns.

What causes Bitcoin's sharp corrections despite bullish projections?

Corrections are mainly due to institutional investors rebalancing their portfolios to maintain target allocations as Bitcoin rallies.

Home / Business and Economy / Bitcoin's New Cycle: $140K Rally Ahead?

Bitcoin's New Cycle: $140K Rally Ahead?

17 Dec

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Summary

Bitcoin may reach $140,000 in six months, shifting from cycle theory.
ETFs introduce institutional behavior, replacing retail speculation.
Corrections occur as institutions rebalance portfolios, not due to belief.

Bitcoin's market dynamics appear to be entering a novel growth phase, with projections suggesting a surge to $140,000 within the next six months. This outlook challenges the long-standing four-year cycle theory, as analyzed by digital asset firm Copper. The launch of U.S. spot Bitcoin ETFs in January 2025 has fundamentally reshaped Bitcoin's behavior, shifting it towards a pattern driven by institutional cost basis levels rather than halving events.

This new "cost-basis returns cycle" has repeated three times in just two years, with each instance resulting in new all-time highs followed by corrections. These pullbacks now find support at the average purchase price of ETF investors. Copper attributes these corrections to institutional portfolio rebalancing, as investors manage their allocations within a 2% to 5% target range, selling to maintain balance when Bitcoin rallies sharply.